The company also secured the top rank in the marine ports sector on a low carbon transition rating by Sustainalytics
New Delhi:
Adani Ports and Special Economic Zone Ltd (APSEZ) on Sunday said it has secured top position for its climate actions and environmental performance in assessments done by four global rating agencies.
The assessments were done by CDP, S&P, Sustainalytics and Moody’s.
“APSEZ has also secured the top position in the environmental dimension of the S&P Global Corporate Sustainability Assessment (CSA) 2023 among the 324 leading players in the Global Transportation and Transportation Infrastructure sector, which includes marine ports, shipping, air, road and rail transport, logistics, mass transit system and other transportation businesses,” it said.
The company also secured the top rank in the marine ports sector on a low carbon transition rating by Sustainalytics.
It also received the ‘advanced’ rating in Moody’s Energy Transition Rating and the first rank in the overall ESG Assessment and Strategy review in their last update. APSEZ is a part of the globally diversified Adani Group and is the largest port developer and operator in India.
On the overall environmental dimension covering biodiversity & land use, emission and pollution control, and waste management, Sustainalytics has assigned a low to negligible risk rating to Adani Group company on account of a “strong risk management framework that the company has implemented”.
Around 23,000 companies, worth over half of the global listed market cap, participated in the assessment performed by the CDP on behalf of the investors representing an AUM of over $136 trillion.